Winmark Co. (NASDAQ:WINA) Stock Holdings Reduced by Millennium Management LLC

Millennium Management LLC lessened its stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 65.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,522 shares of the specialty retailer's stock after selling 2,830 shares during the quarter. Millennium Management LLC's holdings in Winmark were worth $598,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in Winmark during the 4th quarter valued at approximately $12,071,000. William Blair Investment Management LLC raised its holdings in shares of Winmark by 17.7% in the 4th quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer's stock worth $33,334,000 after buying an additional 12,755 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Winmark by 292.3% in the 4th quarter. Victory Capital Management Inc. now owns 17,020 shares of the specialty retailer's stock worth $6,690,000 after buying an additional 12,682 shares in the last quarter. Congress Asset Management Co. raised its holdings in shares of Winmark by 73.3% in the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer's stock worth $6,220,000 after buying an additional 6,690 shares in the last quarter. Finally, Neuberger Berman Group LLC increased its holdings in Winmark by 2.0% during the 4th quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer's stock valued at $131,000,000 after purchasing an additional 6,521 shares in the last quarter. Institutional investors own 73.32% of the company's stock.

Insider Transactions at Winmark

In other Winmark news, CFO Anthony D. Ishaug sold 4,000 shares of Winmark stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $425.95, for a total transaction of $1,703,800.00. Following the transaction, the chief financial officer now directly owns 56,683 shares in the company, valued at approximately $24,144,123.85. The trade was a 6.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 10.10% of the stock is owned by corporate insiders.

Winmark Price Performance

WINA stock opened at $432.26 on Friday. The business has a fifty day moving average price of $377.23 and a 200 day moving average price of $374.27. Winmark Co. has a fifty-two week low of $295.79 and a fifty-two week high of $436.54. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 39.69 and a beta of 0.61.

Winmark (NASDAQ:WINA - Get Free Report) last released its earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 EPS for the quarter, missing the consensus estimate of $2.74 by ($0.03). The firm had revenue of $21.92 million during the quarter, compared to analyst estimates of $20.91 million. Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. During the same period last year, the business posted $2.41 earnings per share.

Winmark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th were given a $0.96 dividend. This is a positive change from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend was Wednesday, May 14th. Winmark's dividend payout ratio (DPR) is currently 34.32%.

Winmark Profile

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato's Closet brand; and operates stores which buys and sells used and new children's clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.

Want to see what other hedge funds are holding WINA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Winmark Co. (NASDAQ:WINA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.